Hundreds of millions of people will lose their jobs due to the corona crisis, worldwide that will be at least 305 million full-time jobs. That is one-tenth of all jobs in the world, according to an estimate by the International Labor Organization (ILO). 

Job losses are expected to be greatest in the Americas, followed by Europe and Central Asia.

The ILO also predicts that nearly 1,6 billion people working in the informal economy will lose their jobs. Many Thais work in the informal economy, such as street vendors. These are people who are not included in the official figures, for example because they are not registered. The first months of the crisis have already led to a loss of income of 60 percent for informal workers worldwide.

“No income means no food, no security and no future,” says Guy Ryder, ILO Director-General of the vulnerable group who have no access to social safety nets.

Source: NOS.nl

23 responses to “Worldwide, 305 million full-time jobs are disappearing due to the corona crisis”

  1. And we are extending the lockdown again for another month. Please be patient. We are on the safe side, say the government leaders, who will not eat a sandwich less during this crisis.

    • Tino Kuis says up

      Regardless of whether a lockdown is a wise policy and how strict it should be, I think that if a government declares a lockdown and makes so many people breadless, it has a duty to support all those people. If they don't then no lockdown.

      I am increasingly in favor of a basic income, anywhere, anytime. Now the Thai government must provide everyone with 5.000 baht per month for the time being. Too many people are not getting what they deserve.

      • The 5.000 baht fee had to be requested through a website. Many elderly and low-literate people in Thailand cannot do that. Some will receive help, but many will not. I fear that government aid is not reaching the groups that need it most.

        • chris says up

          My wife went to the bank with a Thai acquaintance (a man of 48 years old) last week because he was entitled to receive 5000 baht but had never had a bank account in his entire life.

        • theo says up

          I fear that the majority of applicants will not/never get it. Mijn Nut has applied for 5000 baht for seven permanent staff members. Only three got it, the others were told the money is gone.

      • Dear Tino, Giving money away is nice, but it has to come from somewhere. What should Thailand pay for?

        • Renee Martin says up

          The Thai state has little debt (42,4%) compared to, for example, Belgium (101%) and can borrow quite a bit to support its own residents and to promote the economy in the future. (figures are from 2019)

        • Tino Kuis says up

          Peter, Taiwan is an upper middle income country. Twenty percent of gross national income now goes to the state. (Netherlands 45 percent). That can go up to thirty percent. Tax the rich. In addition, some benefits can be abolished, such as the 700-1200 baht per month for people over 65. It can be very good financially.

          • Johnny B.G says up

            Very regularly it is said on this blog that the government is mainly there to help itself and the elite.
            More tax hits the middle class and they already contribute so much so how unfair can you want it to increase the average tax to 30%?
            As soon as children go to school, a selection is already made between what will not make it and the dairy cows, and that gap must be closed artificially. Stinky wounds don't heal and something needs to be done about that, but not at the expense of the middle class.

          • ruud says up

            For many over 65s (over 60s?) that 700-1200 Baht is the only income they have and you want to abolish it?

            • RonnyLatYa says up

              Of course, you should also read what he proposes before. Everyone and always a basic income of 5000 Baht.

              Or should you choose not to give that to the pensioner and to keep the 700-1200 Baht scheme for them?

            • Daan says up

              Try to read carefully: Tino advocates a basic income for everyone. Such an income could reach ThB 5000 in Thailand. He also indicates how to generate those costs. The Netherlands also has such a discussion, especially in current times of crisis due to corona. A basic income in Thailand (higher than that ThB 1200 of yours) would mean significant progress towards more social policies.

              • ruud says up

                My mistake I didn't go that far back upstairs.

      • Johnny B.G says up

        @ Tino
        It cannot be denied that things are going less for a lot of people now, but if you look at the ILO figures of 2019, there are about 39 million employed people in Thailand.
        I believe 16 million or so could qualify for benefits. That would mean that the majority still works and I see that image of working every day in Bangkok. In fact, only the shopping centers, a partial catering industry and contact professions are not possible for a while.

        Isn't it going a bit far to "just" provide 22 baht per month to 5000 million people while they have an income?

        https://data.worldbank.org/indicator/SL.TLF.TOTL.IN?locations=TH

        • Jacques says up

          Around me I see everyone, with or without help, applying and many have already received this deposit. Even those who were not entitled to it under the scheme. It is thought that there is no control, or will be in the long term. I also see people who don't get it and are actually entitled to it. Their interests are certainly not served by this. Sometimes this is because the authorities have different information about the applicant than the reality shows.
          In our market, women who are still registered at their home address work with their parents in the village and are then not entitled to it, but are temporarily out of work. Their situation is not known to the authorities and they are lax in reporting and adjusting matters. Could be, but now works against them. You also see people joining the food rows who certainly don't qualify for that. When there is something to be gained, moral awareness is often far away.

    • Last week already a suicide of a young woman with a baby. Yesterday again. Some Thai don't like it anymore. Very sad:
      https://youtu.be/zjM9WQFYSpw

      • Johnny B.G says up

        As sad as those suicides are, it doesn't have to be related to the current circumstances.
        It makes me a bit despondent that everything is thrown on the corona when there are normally also suicides. You really don't die from a month less income and it therefore often has more to do with the psychological complaints that were there before.

        • GeertP says up

          You will indeed not die from a month of no income in the area where you are, in many places it means not being able to pay rent, becoming homeless, no bread on the shelf and often also lonesharks chasing you.

          Try to use your empathy (if you have it), from a moo job in Hua-hin Thailand looks very different than it actually is.

          • Johnny B.G says up

            You can take an example from me about empathy. As long as this crisis lasts, I will donate 50.000 baht per month to those who need it.
            I am a working fifties who live in the middle of life between the bottom of society.
            Seeing everything black is too sad for words, but it can also be said that everyone should think ahead.
            You pay your empathy through tax and me from my heart and yes what is better….

            • chris says up

              Empathy has nothing to do with money. If it were, Prayut would be number 1 in this country.

  2. johny says up

    In fact, there is absolutely no reason for this state of emergency. There has probably never been much covid-19 virus present in Thailand, maybe because of the heat, nobody knows.
    The government will be proud of the figures, they can say that it is because of their measures that there are almost no victims. Many come to believe that too, even some farang.
    In Belgium there is a family where all four grandparents died, they each still lived in their own house and had self-quarantine. So not in a home. They died very lonely in less than one month from corona. Despite strict measures from the family.
    If there really was a lot of virus in Thailand, how many of our old farang with health problems would have fallen victim? I don't know anyone at the moment.
    The problems the Thai government is now causing for the poor are outrageous. And not only in Thailand but worldwide, the cure is much worse than the disease. Sweden is the exception, with very good results.

    • Johnny B.G says up

      With that in mind, I'd suggest trying it out. Let all western elderly people come together voluntarily and with fewer elderly people.
      If the experiment succeeds, you are right and if the corona breaks out, please do not take the place of people who have used some sense.

      Looking at many wars, you see that people are quite flexible, but nowadays 2 months of interning is something like the world is ending. My thoughts then go to my family in the 2nd WW who had it all KT and with their many others.

      • johny says up

        Sorry, Johnny BG, but I think you misread my post. I am certainly not advocating segregating the elderly. That doesn't work at all. A war is also something completely different from this virus, with heroic statements it will not work. Bangkok has deflated to the countryside, no work is no income, many people in Isaan have mega problems because of these measures. There is now even talk that schools there will not open until July 1. Why? I really don't understand that.
        My rather large family lives there, me and my wife alone in winter.
        The countryside there is not at all comparable to the city.


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